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Citigroup in Post-WTO China Strategy Formulation and Implementation MGT578 June 7, 2007 Citigroup in Post-WTO China A. Showing environmental adaptability is important to master in order for a global organization to achieve success in its foreign operations. Citigroup is a global organization that expanded its operations in China. However, there is a question whether Citigroup displayed environmental in its attempt to expand operations in China. This paper will discuss both sides whether Citigroup displayed adaptability or not. The arguments claiming Citigroup did display adaptability are presented first. The other side will then be presented. This paper will be concluded with the decision of the stronger argument. Citibank can rely on many advantages to penetrate the Chinese market. Its huge experience with the developing markets first provides the bank a reliable and efficient...

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